date:Jul 07, 2014
thern Latin America, a region that includes Argentina, saw Ebitda increase 23 percent to 848 million reais.
Ambev fell 7.6 percent this year through yesterday, compared with a 3 percent increase for the benchmark Ibovespa index. The stock trades at 20 times estimated 2014 earnings. Inbev rose 8.5 percent in the same time period and trades at 22 times earnings.
Ambev rose 1.9 percent to 16.30 reais in Sao Paulo today, the highest close since June 10.
The World Cup quarterfinal stage begins tom